Question

Teresa buys a $2700 refrigerator using an installment plan that requires 20% down. How much is the down payment? A. $27 B. $270 C. $540 D.$560​

Answer 1

D

First, convert the percentage discount to a decimal. A 20 percent discount is 0.20 in decimal format. Secondly, multiply the decimal discount by 2700 to determine the savings in dollars.

Answer 2

C $540

Explanation:

2700 / 10 = 270 = 10%

270 x 2 = 540 = 20%